What to Buy Before a Global Collapse

Société Générale has advised clients to be ready for a possible "global economic collapse" over the next two years, mapping a strategy of defensive investments to avoid wealth destruction, financial journalist Ambrose Evans-Pritchard reports.

“In a report entitled ‘Worst-case debt scenario,’ the bank's asset team said state rescue packages over the last year have merely transferred private liabilities onto sagging sovereign shoulders, creating a fresh set of problems,” Evans-Pritchard writes in the UK Telegraph.

Société Générale has advised clients to be ready for a possible "global economic collapse" over the next two years, mapping a strategy of defensive investments to avoid wealth destruction, financial journalist Ambrose Evans-Pritchard reports.“In a report entitled...